GoldVenture Weekly

Drill hole TIR-26-62 at the Cachimbo target in the Dominican Republic returned 12.15 m at 8.60 g/t Au, 128.2 g/t Ag, 0.77% Cu, 11.21% Zn and 0.34% Pb from 277.35 m depth, including 3.35 m at 9.95 g/t Au, 120.7 g/t Ag, 2.39% Cu, 35.85% Zn and 0.56% Pb. One sample exceeded the 40% Zn detection limit and is being re-analyzed. The hole, 60 m northeast of discovery hole TIR-26-58, is a second intersection of the polymetallic VMS level; assays from a stringer zone below remain pending.

Hole 26MN-080 at the Manhattan District Project in Nevada returned 2.77 g/t gold over 12.68 m from 58.64 m, including 20.93 g/t gold over 1.58 m from 64.62 m, plus 0.73 g/t gold over 28.38 m from 82.20 m along the Zanzibar Trend, while hole 26MN-083 returned 0.49 g/t gold over 23.16 m from 72.06 m. Results were reported from five step-out holes of the Phase Two program, which has drilled 89 holes totalling 25,399 m, with assays pending from 17 holes totalling 4,360 m.

A 23.7 line-kilometre pole-dipole induced polarization ground survey was completed in winter 2026 on the southern part of the wholly owned Caniapisc Au project in the Eeyou Istchee James Bay and Caniapiscau regions of Quebec, covering about 4.5 kilometres by 1.2 kilometres on 200-metre east-west lines with 37.5-metre spacing. Several unexplained chargeability anomalies were identified, located south and southwest of gold-bearing glacially transported boulders that returned up to 24.5 g/t Au in 2025. A summer program includes prospecting, mapping, soil sampling and an airborne LiDAR survey.

Five metallurgical drill holes (LTP-171 to LTP-175) at the 100%-owned Romero Gold-Copper Project in San Juan Province, Dominican Republic returned intervals including 38.6 m at 45.01 g/t Au, 14.31 g/t Ag and 2.44% Cu in LTP-173, including 26.85 m at 63.82 g/t Au, 18.93 g/t Ag and 3.23% Cu, plus 27.55 m at 17.61 g/t Au in LTP-172 and 30.5 m at 16.47 g/t Au in LTP-174. A preliminary internal comparison within 10 m cylinders indicates a 43% higher gold grade and 48% more contained gold than the block model. Metallurgical work indicates domains amenable to conventional comminution and flotation, with possible coarser grinding and no gravity circuit.

Three geophysical surveys are being added to the summer 2026 exploration program at the Nisk Project in Quebec: an Ambient Noise Tomography survey at the Nisk Far West target using 200 sensors over a 14km by 3km grid, a gravity survey covering Lion, Nisk and Nisk West, and a SQUIDs survey over Lion and Lion West that began in winter 2026. Over 30,000 metres of drilling is planned for the next two quarters of 2026, with mobilization underway. A regional lake sediment survey and field mapping are also planned.

Five diamond drill holes at the wholly owned Jake Lee gold project in New Brunswick intersected quartz and quartz-calcite veining with pyrite, arsenopyrite and chalcopyrite, including an 18-meter zone from 70.90 to 89.00 meters and a 17-meter zone from 129.50 to 146.50 meters in hole JL26-05. Holes JL26-01 to 03 tested below channel samples grading up to 40.5 g/t gold and 63.30 g/t silver over 0.40 meters. A total of 197 core samples plus 39 samples from nine trenches were sent to ActLabs in Fredericton. SLAM also signed a 7,000-meter drilling contract with Lantech Drilling Ltd. and is mobilizing to the Goodwin copper-nickel-cobalt project.

A non-brokered private placement of up to $4,000,000 at $0.10 per unit, each unit comprising one common share and one-half warrant exercisable at $0.15 for 36 months, with accelerated expiry if shares close at or above $0.30 for ten consecutive trading days. Proceeds will fund an expanded 2026 summer drill program at the 30,737-hectare Davidson River Project in Saskatchewan's southwest Athabasca Basin, using two rigs across the Warrior, Bronco and Thunderbird corridors. Mobilization to site is set for May 31, 2026, with permits and the Clearwater River Dene Nation Exploration Agreement in place.

Initial assays from the first three of six completed Phase 1 diamond drill holes at the Titac Project in northeastern Minnesota returned 152 m @ 0.31% Cu, 13.7% TiO2 and 0.15% V2O5 in TS26-005; 190 m @ 0.30% Cu, 11.4% TiO2 and 0.13% V2O5, including 14.0 m @ 0.48% Cu, in TS26-003; and 54.0 m @ 0.20% Cu, 9.3% TiO2 and 0.10% V2O5 in TS26-002a. Assays from the remaining three holes, including a step-out testing an untested geophysical anomaly, are pending. All six holes intersected observable sulphide mineralization.

Drilling at the B26 polymetallic deposit in Québec returned 1.48% CuEq (1.33% Cu, 0.13 g/t Au, 3.39 g/t Ag, 0.04% Zn) over 46.7 m from 946 m depth in hole 1274-26-378-W1, including 4.04% CuEq (3.63% Cu, 0.37 g/t Au) over 14 m. Companion hole 1274-26-378 returned 0.54% CuEq over 46.90 m, including 5.63% CuEq over 2.30 m. The results extend the high-grade Western Down-Plunge zone 50 m to the east. Abitibi holds 80% of B26, with SOQUEM holding 20%.

Assay results from the 2025-2026 drilling program at the Wawa Gold Project in Ontario include 8.77 g/t gold over 13.33 m, including 30.12 g/t Au over 3.39 m, in SD-26-626; 13.82 g/t Au over 4.94 m, including 55.20 g/t Au over 1.04 m, in SD-26-639; and 3.33 g/t Au over 16.78 m in SD-26-627. Results will be included in an updated mineral resource estimate planned for later this year and a prefeasibility study targeted for H1 2027. RPX also engaged ICP Securities Inc. for automated market making at C$7,500 monthly, starting June 1, 2026.

Exploration diamond drilling has begun on the Lutila Gold Project in Central Slovakia, where the exploration licence covers 32.2km² and is prospective for quartz-adularia, low-sulfidation epithermal gold mineralisation. The Spring 2026 programme will test the recently discovered Kopernica vein system with three short drill holes of approximately 200m each. BULGOLD had 72,626,013 shares issued and outstanding as at April 30, 2026, with about 20.11% held by founders, directors and management.

Drill hole DDRCCC-26-121 at the Blackjack deposit, RC Gold Project, Yukon, returned 273.8 m of 1.10 g/t gold, including 94.0 m of 1.79 g/t gold and 19.3 m of 5.04 g/t gold, with sub-intervals of 1.7 m of 15.85 g/t and 2.0 m of 17.10 g/t gold. At 1,093 m, the deepest hole drilled at RC Gold extended mineralization about 370 m below the current resource pit and 110 m along strike from hole DDRCCC-25-076. Roughly 13,000 m of Sitka's fully funded 60,000 m 2026 program is complete, with all other assays pending.

A drill program of up to 25,000 metres of reverse-circulation, and potentially diamond, drilling has begun at the 100%-owned Candelaria Silver Project in Nevada, with the first RC rig starting at the end of May and a second rig mobilizing in mid-July. The program targets resource expansion, new silver oxide, mixed oxide-sulphide and porphyry copper-silver-gold targets, and condemnation drilling for infrastructure planning ahead of a Pre-Feasibility Study. Current resources total 108 million ounces AgEq Measured and Indicated and 29 million ounces AgEq Inferred.

Drilling at the Europa Sur, Travesia, Quintera and San Jose vein zones at the Alamos Silver Project in Sonora, Mexico returned 3.20 m of 882 g/t AgEq, including 0.95 m of 2,423 g/t AgEq, and 6.20 m of 374 g/t AgEq, including 1.85 m of 655 g/t AgEq, in hole AL26-196. Other results included 1.95 m of 255 g/t AgEq (AL26-198), 0.90 m of 309 g/t AgEq, 0.95 m of 282 g/t AgEq, and 1.00 m of 211 g/t AgEq at San Jose. The work is part of a Phase II, 50,000-metre resource expansion program.

Crews have mobilized for a fully funded 2026 drill program of approximately 50,000 meters at the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle, targeting lateral and depth expansion of the Bonanza, Golden Gate and Surebet zones plus a magnetic anomaly interpreted as a Motherlode magmatic gold feeder source. The company reports 156,000 meters drilled to date, with gold mineralization in 100% of holes and visible gold in 355 of 386 holes. Goliath also granted 3,200,000 five-year stock options to officers and directors at $1.63 per share, vesting immediately.

Assay results from eight diamond drill holes in the BK3 Zone at the Contact Lake Gold Project in northern Saskatchewan included 17.88 g/t gold over 11.25m from 86.00m in hole CL26042, including 42.53 g/t over 4.50m and a single 0.50m assay of 350.00 g/t, while CL26035 returned 93.44 g/t over 1.00m from 202.50m. Assays are pending for the final seven winter holes; the winter program totalled 10,127m in 29 holes at Contact Lake and 3,142m in 11 holes at Preview. A summer program of over 20,000m starts in June, and the company has been approved for a C$150,000 TMEI rebate.

Drill hole WC-26-237 at the 100%-owned West Cache Gold Project near Timmins, Ontario returned 4.07 g/t Au over 40.9 m, including 12.69 g/t Au over 12.35 m and 16.07 g/t Au over 9.25 m. The intercept lies about 295 m down-plunge (275 m down-dip) from the planned bulk sample stopes and 440 vertical metres below surface, with roughly 200 m of projected plunge untested. Assays from WC-26-236, WC-26-238 and WC-26-240 are pending. The fully financed 86,500-tonne bulk sample program targets Zone #9 between the 150 m and 210 m levels, with access roads, hydro line and box cut excavation complete.

Drill results from the Valeriano copper-gold project in Chile's Atacama region extended the high-grade B2B breccia 180m south, bringing total strike length to about 600m, with partial assays from ATXD19A returning 70m of 0.99% CuEq within 228m of 0.82% CuEq and 940m of assays pending. ATXD35 returned 400m of 0.56% CuEq some 200m northeast of the B2B breccia, plus 10m of 2.34% CuEq from 48m depth. Phase VI drilling totalled roughly 28,400m and has concluded, with remaining assays expected through July.

Drill results from the Valeriano copper-gold project in Chile's Atacama region extended the high-grade B2B breccia 180m south, taking strike length to about 600m, with partial assays from ATXD19A returning 70m of 0.99% CuEq within 228m of 0.82% CuEq and roughly 940m of assays still pending. ATXD35 cut 400m of 0.56% CuEq about 200m northeast of the B2B breccia, plus 10m of 2.34% CuEq from 48m depth, while ATXD26C returned 306m of 0.82% CuEq within 792m of 0.71% CuEq. Phase VI drilling totalled about 28,400m, with remaining assays expected through July.

Winter 2026 infill drilling at the Lion Zone, part of the Nisk Project Area in Quebec, returned 4.07 m grading 8.73% CuEqRec in hole PML-26-067 at 50 m depth and 10.30 m grading 4.04% CuEqRec in PML-26-097 at about 75 m depth. SGS locked-cycle testing of a low-low grade disseminated composite (0.62% Cu feed) gave 98.3% copper recovery at 25.4% Cu concentrate grade. All assays are expected by mid-June, with Lion and Nisk resource estimates due end of July, followed by a PEA.

Phase 4 core drilling at the 100%-owned Maestro epithermal gold-silver property in central British Columbia has been completed, totalling 4,366 metres in eight holes (26-14 through 26-21) drilled between February and April 2026, with five scout holes up to 500 m east of the Prodigy discovery and three up to 300 m west. Samples are at ALS Canada Ltd. with assays pending. Quartz holds $2.9 million in treasury, a permit for 37 additional drill sites, and plans a Phase 5 program later this year.

A winter geophysical program on the West McArthur joint venture project in the eastern Athabasca Basin, Saskatchewan, identified over 20 kilometres of new conductor strike length along the Epp Lake corridor. The program comprised four survey lines totaling 78.0 km of Stepwise Moving Loop Time Domain Electromagnetics, mapping multiple strong northwest-dipping, southwest-trending stacked conductors within a broad magnetic low. CanAlaska operates the project with 88.89% ownership alongside Cameco, which is co-funding the 2026 program, and is preparing a summer drill program.

Hole LL-26-001 at the G1 anomaly on the Laird Lake project in Ontario's Red Lake Gold District returned no significant gold values, though it confirmed a structural corridor with folded iron formations, pyrite and pyrrhotite. Hole LL-26-005, about 3.5 km east, intersected four specks of visible gold on the core surface at approximately 18.75 m, within a roughly 70 m core-length mineralized corridor also cut by Hole LL-26-004. Hole LL-26-006 is underway; assays for Holes 002 to 005 are expected in June.

Drilling at the Rosa gold zone on the wholly owned Wabamisk Property in Eeyou Istchee James Bay, Québec returned 46.41 g/t Au over 3.50 m, including 155.0 g/t Au over 1.00 m, in hole WR26-40, plus 4.84 g/t Au over 6.00 m in WR26-43 and 0.90 g/t Au over 15.00 m in WS26-46. The second campaign comprised 20 holes for 3,018.2 m, outlining a minimum 1,400-metre east-west strike and a second subparallel trend confirmed over 750 m. Mechanical stripping is planned for early summer, with further drilling later in the summer.

Drilling has commenced at the ML Project in Yukon, with up to 25,000m of diamond drilling using three rigs over four months to the end of September, under a fully funded $16 million exploration budget against a cash balance of approximately $43 million. Initial holes will step out 25m on the TESS Zone, where ML31 returned 44m of 13.79 g/t Au, 1.89% Cu and 38.08 g/t Ag. Planned meterage includes 7,500m on TESS Regional and 2,000m at Skarn Ridge.

A 35,000-foot drilling program comprising 33 underground holes and 20 surface holes has begun at the Ima Mine property in Lemhi County, Idaho, with two surface rigs and two underground rigs on site. A new crosscut is being developed on the D level to establish underground drill stations. Rockhead Consulting LLC has mobilized two track-mounted surface core rigs, one operating and the second to start by end of May, and has completed 38 drillholes totaling over 16,500 feet to date.

The first 21 holes, approximately 3,000 metres, from the San Antonio project in Sonora, Mexico returned 23.6 metres grading 2.13 g/t Au from surface in hole SOSAP-26-020, 1.31 g/t Au over 27.1 metres in SOSAP-26-021 and 1.33 g/t Au over 26.8 metres in SOSAP-26-018. Channel sampling at the El Tigre target, outside the 2021 resource boundary, returned 1.11 g/t Au over 68.6 metres and 6.24 g/t Au over 5.4 metres, with drilling to start imminently. P&E Mining Consultants has been engaged for a Preliminary Economic Assessment and new resource estimate, expected by late-Q3 2026.

A six-hole, 1,235.6m Phase 1 drill program has been completed at the Rodburn Target on the Portsoy nickel-copper-cobalt project in Aberdeenshire, Scotland, with four holes in the North Zone (524.5m) and two in the South Zone (711.1m); assays are pending. RBD028 showed disseminated sulphides over 69.5m from 18.1m to 87.6m, and RBD029 intersected main sulphide mineralization from 218m to 226m, extending that zone at least 80m down dip. A downhole EM survey in RBD030 detected a strong off-hole conductor for follow-up drilling.

Drilling at the Ogama-Rockland gold deposit in southeast Manitoba, 45 km by road from the True North mine and mill complex, returned 10.41 g/t gold over 3.40 m, including 32.40 g/t over 1.00 m, in hole OR-25-001, and 46.10 g/t over 0.60 m in OR-26-004. The program comprised eight surface diamond holes totalling 2,410 m, plus 439 samples from 429 m of previously unsampled historical core, which returned 18.10 g/t over 0.70 m. An updated mineral resource estimate is expected towards the end of Q2-2026.

Hole H26-004 at the Cliffs target on the Hercules Gold Project in Nevada's Walker Lane returned 114.30 m grading 0.69 g/t Au and 5.03 g/t Ag from 135.64 m, including 9.14 m of 2.95 g/t Au and 16.18 g/t Ag, 7.62 m of 1.02 g/t Au and 6.76 g/t Ag, and 9.14 m of 1.23 g/t Au and 6.62 g/t Ag. The hole ended in mineralization after being terminated early due to drilling conditions. A maiden resource estimate is anticipated in Q4 2026.

Diamond drilling has commenced at Klondike Gold's 100%-owned Klondike District Project in the Dawson mining district, Yukon Territory, to support an updated and expanded gold mineral resource estimate based on the 2022 MRE. The initial fully funded campaign covers approximately 8,000 metres across the Lone Star and Stander Zones and adjacent areas, with completion anticipated by July 2026. A further phase of up to 5,000 metres is planned later in the season, with assays released on an ongoing basis.

Drill pad construction is complete at the Star North, Star East and Copper Creek satellite targets at the Star Project in northwestern British Columbia, ahead of 2026 exploration drilling. A second drill rig and crew are scheduled to arrive in early June, with a geophysical team arriving by June 7 to conduct 3D induced polarization and magnetotelluric surveys beneath Star Main, followed by deeper targeted drilling. Camp infrastructure upgrades are finished, and the program is funded through flow-through financings totaling more than $12 million.

A diamond core drilling program of approximately 1,200 metres has begun at the 100%-owned Yarumalito Gold-Copper Project in the Mid Cauca belt of Antioquia, Colombia. The fully funded program comprises three holes testing the geometry and extents of porphyry-style mineralization in the P-1 intrusive phase, plus a fourth hole targeting epithermal veins mapped from historical underground workings. Historical intercepts include 257 m at 0.50 g/t gold and 0.1% copper from surface (YAR-06). An existing inferred resource totals 66.3 million tonnes at 0.58 g/t Au and 0.09% Cu.

Two additional surface diamond drill holes have been completed at the Halo zone of the Quesnelle Gold Quartz Mine Property, about 4km east of Hixon, British Columbia. QGQ26-31, drilled to about 109m (356 ft) at 270°/-53°, intersected the western contact of the Halo zone at about 79m (258 ft) depth; QGQ26-32, oriented 270/-45, was cased beyond the contact and drilled to about 103m (337 ft). Core logging is in progress, and QGQ26-29 splitting continues with about two days remaining, with samples shipped to MSALAB in Prince George.

Expansionary drilling at the Moosehead zone of the Treasure Island Project in Central Newfoundland returned 21.4g/t Au over 2.20m, including 91.1g/t Au over 0.50m, at 140m vertical depth in Western Trend hole PGC-26-051A. The Rib Vein, tested with sixteen holes, now extends 150m along strike and 90m vertically, with results including 6.97g/t Au over 5.35m (incl. 69.1g/t Au over 0.45m) and 21.0g/t Au over 1.0m. The regional zone 500m southwest expanded to 200m strike, returning 1.27g/t Au over 7.00m.

A completed 3D induced polarization model over the 826 Zone at the 100%-owned Juby Gold Project west of Gowganda, Ontario has generated new drill targets along the interpreted 826 Zone trend. A third drill is being mobilized to test potential strike extensions toward Golden Lake, about 1.6 km northwest, with 10-12 holes totalling 1,000 m planned. Approximately 10,000 m of the planned 13,000 m program has been completed, with two drills active at Golden Lake.

Drilling at the past-producing Mirado property, 20 km southeast of Kirkland Lake, Ontario, returned 2.46 g/t Au over 14.7 m from 345.1 m in the Mirado Fault Zone in hole KLM26-006, including 12.52 g/t Au over 1.8 m, plus 0.82 g/t Au over 24.0 m; KLM26-005 returned 1.35 g/t Au over 4.2 m and 14.72 g/t Au over 0.8 m. Hole KLM26-010, a 180 m step-out from historical resource limits, intersected visible gold at 257 m downhole, with assays pending. Winter drilling came in at $200/m all-in, and the program has been expanded by 5,000 m to 30,000 m.

Phase 2 IP results at the Sappho target extend the chargeability anomaly up to 500 m south and 1 km east, open in both directions, with core intensity of 30 mV/V to 85 mV/V; a Phase 1 IP survey has begun at Greyhound–Motherlode. Of 63 rock grab and tailings samples, a new Motherlode Northeast showing returned up to 5.12 g/t Au, 66.7 g/t Ag and 0.528% Cu, and Sappho skarn returned 4.77% Cu. Initial Sappho drilling totalled 1,485 m in 7 holes.